Park-Ohio Holdings Corp. (PKOH) to Issue Quarterly Dividend of $0.13 on May 15th

Park-Ohio Holdings Corp. (NASDAQ:PKOH) declared a quarterly dividend on Friday, April 17th. Stockholders of record on Friday, May 1st will be given a dividend of 0.125 per share by the industrial products company on Friday, May 15th. This represents a c) annualized dividend and a dividend yield of 1.7%. The ex-dividend date of this dividend is Friday, May 1st.

Park-Ohio has increased its dividend by an average of 0.1%per year over the last three years. Park-Ohio has a payout ratio of 14.1% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Park-Ohio to earn $3.67 per share next year, which means the company should continue to be able to cover its $0.50 annual dividend with an expected future payout ratio of 13.6%.

Park-Ohio Stock Up 8.3%

Park-Ohio stock traded up $2.23 during midday trading on Wednesday, reaching $29.07. The stock had a trading volume of 2,705 shares, compared to its average volume of 30,743. The stock has a market capitalization of $418.61 million, a P/E ratio of 16.74 and a beta of 1.13. The firm’s fifty day simple moving average is $25.64 and its 200-day simple moving average is $23.21. The company has a debt-to-equity ratio of 1.62, a quick ratio of 1.18 and a current ratio of 2.33. Park-Ohio has a 1-year low of $15.52 and a 1-year high of $29.76.

Park-Ohio (NASDAQ:PKOH) last issued its quarterly earnings results on Wednesday, March 4th. The industrial products company reported $0.65 earnings per share for the quarter, missing the consensus estimate of $0.74 by ($0.09). Park-Ohio had a return on equity of 10.13% and a net margin of 1.49%.The business had revenue of $395.00 million for the quarter, compared to the consensus estimate of $402.90 million. Park-Ohio has set its FY 2026 guidance at 2.900-3.200 EPS. As a group, analysts expect that Park-Ohio will post 3.13 EPS for the current fiscal year.

About Park-Ohio

Park-Ohio Holdings Corp is a diversified industrial company that supplies engineered products and distribution services to a broad array of end markets. Through its two primary operating segments—Engineered Solutions and Supply Chain Solutions—the company delivers metal components, assemblies and value-added distribution tailored to energy, transportation, industrial and commercial applications.

The Engineered Solutions segment provides design, machining, fabrication and assembly of custom metal parts, including heat exchangers, welded assemblies, tubing products and precision-machined components.